BELGRADE, Sept 12 (Hina) - The governor of Yugoslavia's central bank on Wednesday held talks with the director of the U.S. Foreign Assets Control Agency on the unfreezing of the ex-Yugoslav federation's assets which are stored in U.S.
banks. Richard Newcomm said after the talks in Belgrade, the assets would be divided among the former federation's five successor states after it was agreed to implement a Vienna agreement regulating the succession. Delegations of the successor states are expected to meet in Belgrade on Sept. 25-27, said governor Mladan Dinkic. He added the assets included $360 million in foreign reserves of which $180 million are stored in commercial banks in the United States. Under the Vienna agreement, 38 percent of the former federation's assets went to Yugoslavia. Dinkic said the aim of the upcoming Belgrade meeting was to establish the exact amounts each successor would get. Also today
BELGRADE, Sept 12 (Hina) - The governor of Yugoslavia's central
bank on Wednesday held talks with the director of the U.S. Foreign
Assets Control Agency on the unfreezing of the ex-Yugoslav
federation's assets which are stored in U.S. banks.
Richard Newcomm said after the talks in Belgrade, the assets would
be divided among the former federation's five successor states
after it was agreed to implement a Vienna agreement regulating the
succession.
Delegations of the successor states are expected to meet in
Belgrade on Sept. 25-27, said governor Mladan Dinkic. He added the
assets included $360 million in foreign reserves of which $180
million are stored in commercial banks in the United States.
Under the Vienna agreement, 38 percent of the former federation's
assets went to Yugoslavia. Dinkic said the aim of the upcoming
Belgrade meeting was to establish the exact amounts each successor
would get.
Also today, Dinkic and Newcomm agreed on forming a unit that will
investigate the Slobodan Milosevic regime's cash transactions in
taking money out of Yugoslavia. The amounts are "considerable," he
added.
The unit will comprise of representatives of Yugoslavia, the U.S.
Foreign Assets Control Agency, the European Union, and countries
interested in the investigation - Switzerland, Cyprus, Luxembourg,
and others.
(hina) ha sb